Trillion Dollar Valuations & BP Boardroom Drama | The Pulse 05/27/2026

Global stocks extended their record rally powered by a blistering frenzy in memory chip stocks. That's after SK Hynix and Micron both saw their market caps top $1 trillion. The ousted BP Chairman Albert Manifold has pushed back against what he described as a 'false narrative' after being fired, just eight months into the job. BP cited serious concerns related to “governance standards, oversight and conduct.” Manifold says he was fired without warning or explanation and will challenge the company’s version of events. Today's guests: Sharon Bell, Goldman Sachs, Senior European Equity Strategist & James Fleming, Citi, Head of UK Investment Banking Coverage. --- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse 00:00:32 - Memory chip frenzy sends stocks soaring 00:04:19 - Sharon Bell, Goldman Sachs 00:10:09 - Ousted BP chairman disputes wrongdoing claims 00:13:08 - UBS' Khan: AI to impact jobs, aid productivity 00:13:42 - Bank CEOs confront thorny AI jobs debate 00:16:20 - Bloomberg Economics: AI to hit 120 million workers in advanced economies 00:20:39 - Bloomberg Economics: Any new UK PM faces a difficult inheritance 00:23:43 - Wednesday headlines 00:24:17 - US touts Iran deal prospects amid tensions in Hormuz 00:27:43 - Wednesday top stories 00:29:20 - James Fleming, Citi, UK Investment Banking Head 00:35:14 - China said to slow-track Airbus deliveries 00:38:20 - Bloomberg Big Take: Russian Airlines Skirt Sanctions to Keep Passenger Jets Flying 00:41:10 - Wednesday top stories 00:42:50 - Switzerland to vote on 10 million population cap in June -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts